Author: Press Room

The Broadway musical “Dead Outlaw” announced on Friday that it was canceling an upcoming concert performance at the Library of Congress, one day after the Trump administration fired its top librarian.A brief statement from the show, which earned seven Tony nominations this month, said that it had decided not to perform at the library “upon learning of the termination of Dr. Carla Hayden, the Librarian of Congress.”Dr. Hayden, the first African American and first woman to serve as head of the institution, was a “fierce advocate for preserving America’s cultural memory and a great champion of the Broadway community,” the…

Music superstar Taylor Swift has been subpoenaed in the ongoing legal dispute between Blake Lively and Justin Baldoni over allegations surrounding the making of their 2024 film “It Ends with Us.” A spokesperson for Swift confirmed the subpoena in a statement to CBS News Friday, saying that it “is designed to use Taylor Swift’s name to draw public interest by creating tabloid clickbait instead of focusing on the facts of the case.””Taylor Swift never set foot on the set of this movie, she was not involved in any casting or creative decisions, she did not score the film, she never saw an edit…

Representative Marjorie Taylor Greene, Republican of Georgia, said on Friday that she would not run for Senate in 2026.The revelation — a huge relief to Republicans who feared she would challenge Democratic Senator Jon Ossoff and jeopardize their chance at defeating him — came 1,200 words deep into a screed against her party that Ms. Greene posted on social media on Friday night.In her tirade against the forces she blamed for standing in her way, Ms. Greene ripped the National Republican Senatorial Committee, G.O.P. consultants, pollsters, wealthy donors, the institution of the Senate and the Republican lawmakers who serve in…

Google agreed to pay $1.4 billion to the State of Texas on Friday to settle two lawsuits accusing it of violating the privacy of state residents by tracking their locations and searches, as well as collecting their facial recognition information.The state’s attorney general, Ken Paxton, who secured the settlement, brought the suits in 2022 under Texas laws related to data privacy and deceptive trade practices. Less than a year ago, he reached a $1.4 billion settlement with Meta, the parent company of Facebook and Instagram, over allegations it had illegally tagged users’ faces on its site.Google’s settlement is the latest…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMichael Wolf, Resort Pass CEO, joins ‘Power Lunch’ to discuss state of the consumer spending and summer travel trends he’s seeing.04:54Fri, May 9 20252:55 PM EDT

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Asian markets this week gave a lively taster of what a full-blown currency war might look like under Trump 2.0. But we are not at panic stations yet, and probably (touch wood) will not be any time soon.It has, to be sure, been a week of high drama in a typically sleepy corner of markets. Seemingly out of nowhere, the Taiwanese dollar shot to the moon, jumping by, at the extremes, 10 per cent in two days. Even after calming down a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.St James’s Place is the sort of company that defies the idea of efficient markets. Why are people so keen to pay a premium to invest their money when they can often achieve similar results from a few low-cost tracker funds? The answer: sometimes, wealth management is more about making customers feel wealthy than actually maximising wealth.SJP has been the FTSE 100’s best-performing stock over the past 12 months. It is the second-best in the entire FTSE 350, driven by chief executive…

The Black Ferns have maintained their stranglehold over the Wallaroos to open the Pacific Four Series with a 38-12 victory over the hosts in Newcastle.Doubles to winger Ayesha Leti-l’iga and exciting teenage fullback Braxton Sorensen-McGee on debut, plus further five-pointers to prop Chryss Viliko and centre Sylvia Brunt earned New Zealand their 28th victory from 28 Tests against Australia.But the Wallaroos will claim a morale win of sorts after dominating much of the second half at McDonald Jones Stadium and clearly narrowing the gap on the world champions.The Black Ferns thumped the Wallaroos 62-0 in Brisbane in their most recent…

BEIJING: China expressed “deep concern” on Saturday (May 10) over the escalating situation between India and Pakistan and offered to play a constructive role in resolving the matter, according to a statement from the Chinese foreign ministry. “China is closely monitoring the current situation between India and Pakistan,” the foreign ministry said in a post published on its website. “We strongly call on both India and Pakistan to give priority to peace and stability, remain calm and restrained, return to the track of political settlement through peaceful means and avoid taking actions that further escalate tensions,” a statement by a foreign ministry…

Pakistan said it struck multiple Indian military bases in the early hours of Saturday, May 10, after claiming that India had launched missiles against three Pakistani bases, marking a sharp escalation in their already soaring tensions, as the neighbours edge closer to an all-out war. Long-simmering hostilities, mostly over the disputed region of Kashmir, erupted into renewed fighting after the deadly April 22 Pahalgam attack in Indian-administered Kashmir that saw 25 tourists and a local guide killed in an armed group attack. India blamed Pakistan for the attack; Islamabad denied any role. Since then, the nations have engaged in a…